Zimbabweans drive property boom in Sandton, South Africa

A growing number of high-net-worth Zimbabweans are turning to Sandton, South Africa, as a preferred destination for property investments, business expansion, and lifestyle enhancement.

One project that has particularly captured the interest of Zimbabweans is Sandton 2.1.9.6, a world-class lifestyle project in the heart of the posh city of Sandton. Promoted by Lynn Estates, a South African real estate marketing agent, and developed by CRI Eagle, a subsidiary of China Railway, the project has garnered considerable interest from Zimbabwean buyers, with over 70 percent of the properties already sold and largely taken up by Zimbabweans.

The overwhelming response from Zimbabweans has led to the project being dubbed "263," the country's international telephone exchange code.

Sandton's strategic location as Africa's financial hub, coupled with its proximity to Zimbabwe and direct flight connectivity, has made it an attractive option for many property seekers. The city offers a compelling blend of business opportunities, a high quality of life, and access to diversified investment avenues.

Beyond business, Sandton's appeal extends to its world-class infrastructure, excellent healthcare facilities, and renowned education institutions. This makes it an ideal choice for families seeking to secure their future in a more prosperous and developed environment.

"High-net-worth Zimbabweans are increasingly looking beyond their borders, and Sandton has become a favored destination," Ms. Lynn Petzer, the owner of Lynn Estates, said. "As Africa's financial business hub, Sandton's proximity to Zimbabwe, coupled with direct flight connectivity, enhances its appeal. It offers compelling benefits for those seeking business expansion, a high-quality lifestyle, and opportunities to diversify investments."

Ms. Petzer added that many Zimbabwean entrepreneurs were establishing dual residences, operating businesses in both Zimbabwe and South Africa. This trend highlights Sandton's growing popularity as a destination for Zimbabweans seeking business opportunities and a better quality of life.

Scheduled for construction to begin in early 2025, Sandton 2.1.9.6 is designed as an exclusive haven within Sandton's bustling financial district. The unique development boasts an acre of lush greenery nestled within three acres of curated lifestyle amenities. Residents will enjoy the best of both worlds: chic city living seamlessly integrated with the ease of lock-and-go convenience.

Sandton 2.1.9.6 offers a high-luxury collection of apartments catering to diverse needs. Potential buyers can choose from one, two, and three-bedroom apartments or opt for the ultimate luxury of a four-bedroom penthouse. Meticulously designed home features, open-plan living areas, sunrooms, dedicated workstations, and full en-suite bathrooms offer a perfect balance of comfort, style, and functionality.

Residents will also have access to a comprehensive suite of amenities designed to cater to every aspect of their well-being. Trendy restaurants, al fresco dining experiences, serene meditation gardens, a luxurious wellness spa, state-of-the-art gym facilities, and yoga studios are just a few of the lifestyle features. High-speed fiber optic internet ensures seamless connectivity, while 24-hour security and in-house services provide unparalleled peace of mind.

Targeted for completion by the fourth quarter of 2026, Sandton 2.1.9.6 not only offers luxury living but also exceptional investment potential. If not used for personal residence, the development promises a 15 percent net return on investment through a five-star Airbnb-style rental experience.

Residents will enjoy unparalleled access to the Gautrain rapid transit system, Sandton City shopping mall, Nelson Mandela Square, Morningside Medi-Clinic, Crawford International School, and a multitude of other desirable amenities. For over 35 years, Lynn Estates has shaped Sandton's skyline, contributing to over 270 iconic projects, including the renowned Michelangelo Towers.